HomeMy WebLinkAbout0933 prior to e~try of a judgment cnforci~g thi~ Martgage if: (a) Borrowe~ pays L.ender all sums which would be thea due under
this Mort~age, the Notc And notea securing Future Advanccs, it any. had no aoceleration occurted; (b) 8orrower curaa
all breaches of a~y.other cove~u~ta or agrcements of Borrower rnntained in this. Mof~~agc; (c) Bomower pays atl nasonaWe
expense,s incurrcd by Le~der in entorcins t!~ covenants and aaraments of Borrower eontained in this Mortga~e and in
enforcina [.eader's remodies as p[ovided in pa~agraph 18 hercof. i~uludina. but not limited to. ressonabk attomey's tea; and
(d) Bomowe~ take~ such action as L,eader may rcasonably requirc to assurc that tAe lien of this Mort~a~. i.w~der's iaterat
in the Property aad Bormwer's obligation to pay the sums secured by thia Mortp~e :hall oontinue unimpaired. Upoa such
paYment ard cure by Borrower. this Mortgage a~d the obl;gatio~ secured hereby shall remain ia full foroe aad eRect u it
~o accekrstion had oocurred.
~ ot ReMr. A~oi~tweN ot Reeeirer. As additional security hereunder. Bomower hereby usigns to
Lende~ the rdits o[ the PropeKy, provided that Bomowe~ shall, prior to acakratioe usder puaaraph 1 S heceof or abandon-
ment of the Pmperty, have the right to collect snd retaia such rcnts ss t~y bocome due and payabk.
UPon scoekration uade~ paragaph 18 hereof or abandonment ot the Property, I.eader s6aU be entitled tQ have a
receiver appoiated by a oourt to e~ter upoa. tak~ poas~ssion of and manage the Property aad to colket the reats of tbe
Property, i~cluding ihose prst due. Atl renu collectod by the receiver shalt be applied 8rst to payment of the costs of
maaag~emmt of the Property and collxtion of rcnu, including, but not limited to, receiver's foa, premiur~u on receiver
s
bonds aad r~asonabk xttomey's fea. and ttkn~ to the sums secured by this Mortgage. 'ILe roceiver shall be liable to account
o~ly tor tl~os~ renta actuaily reoeived.
21. F~t~e Ai~arets. Upon request by Borrower, l.endt~, at L.ende~'s option within tweaty yeats frwu the date of this
Mortgage. may malce Future Advances to Bomower. Such Future Advances, with intereat theroon, shall be secwed by this
Mortgage when evidenced by promiasory notes stating that said notes are securod hereby. At no time s6a11 the principal
amouat of the indebtedness secured by this Mongage, not including sums advanad in aooordanoe herewith to protect the
security of this Mortgage, exoecd tt~e origi~l amount o[ the Note ptus USS.
Zt Rdea~a Uppa payment o[ all sw~u aecured by this Mortgage, l.ender shaq release this Mottgage witl~out chuge
to Borm~ver. Borrower shall pay all cro~ of recordation, if any. •
23. AUo~e~r's Fees. As used in this Mortgage md in the Note. "attomey's foes" shall include attorney's fces. if any,
which may be awuded by aa appeQate court.
IN WI17~lESS WHEREOF, Borrower has executed thi~ Mortgage. ~
SlgI1Ct~, a[!t~ dC11VCI'Od
in the p f: ~
. . . . . . . . . . . . . _ . . . . . . . . . . / . . .C . . . . . . . . . . . . . . . . . . Seal
. . John ' . $catcherd. . . . )
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. ~Iar ori . catc ei~d . -a«~..
STAT~ OF ~/`Y~• • ~'S,SOURI~. . . . . S.~ f?C~ ~ 3. . . . . . . . . .COtlllty/ SS:
I hercby oertify that on this day, before me, an o~'icer duly authorized in the state aforesaid and in tLe oounty
aforesaid to take ac~nowledgements, p~rsonally appeared.. John_ N., S~~tcherc~.~d.M~'~.Q~3.$..
Sea~teherdt, his wiPe . to me known to be the person(s) described in and who executod tLe
f,orc~g instntment and acknowledged befor~e me tt~at theY. eaecuted the same for the purpose therein
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y ~[~y hand and o~cial seal in the ~ounty and s e aforesaid this . . . . . . 9th
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• ` EDWARD T~1~ • ?
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~ St L~uis County, Mi ~i
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cso~oe e.+ow rnis Lin. e~s..v.a Fo. tenau .iw R.coroeh
~ F1LE~ AND RECORO~
ST.LUCIE C4UNTY flA.
ROGEa POITRAS ~
CIERK C~RCU~T COURT
~e~ a~r1E~J
M~Y 19 2 3o PM'~
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